I Know First Algorithmic Review: September 1st

The stocks selected here are the top performing stocks from I Know First: Daily Market Forecast’s September 1st 2014 Stock Forecast titled, Algorithmic Trading: 9,36% Average Gain in One Month. The “I Know First Average” return was 9.36% versus the S&P 500’s return of 3.77% over the same time period.


Learn how to read the predictions: Instructions

Learn how to strategize with the forecast: Algorithmic Trading Strategies 

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.



Signal (1 month): 110.43

Predictability (1 month): 0.18

Return: 6.91%

Chicago Bridge & Iron Company N.V. is an energy infrastructure focused company and provider of government services. The Company operates in four segments: Engineering, Construction and Maintenance, which offers engineering, procurement, and construction for energy infrastructure facilities; Fabrication Services, which provides fabrication of piping systems, process and nuclear modules, fabrication and erection of steel plate storage tanks and pressure vessels for oil and gas and power generation industries; Technology, which offers licensed process technologies, specialized equipment, and engineered products for use in petrochemical facilities, oil refineries, and gas processing plants and provides process planning and project development services, and Government Solutions, which undertakes programs and projects, including design-build infrastructure projects for federal, state and local governments, as well as offers environmental services for government and private sector customers.



Signal (1 month): 66.46

Predictability (1 month): 0.37

Return: 9.53%

USG Corporation (USG), through its subsidiaries, is a manufacturer and distributor of building materials. The Company produces a range of products for use in new residential, new nonresidential, and residential and nonresidential repair and remodel construction, as well as products used in certain industrial processes. The Company operates in three segments: North American Gypsum, Building Products Distribution and Worldwide Ceilings. The Company’s North American Gypsum manufactures and markets gypsum and related products in the United States, Canada and Mexico. The Building Products Distribution segment consists of L&W Supply. The Worldwide Ceilings segment manufactures and markets interior systems products worldwide.



Signal (1 month): 59.31

Predictability (1 month): 0.2

Return: 6.65%

Corning Incorporated (Corning), is a global, technology-based corporation. The Company operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials and Life Sciences. During the year ended December 31, 2011, Corning launched Corning Lotus Glass, an environmentally friendly, display glass developed to enable technologies, including organic light-emitting diode (OLED) displays and next generation liquid crystal displays (LCD). Corning Lotus Glass helps support the demanding manufacturing processes of both OLED and liquid crystal displays for portable devices, such as smart phones, tablets, and notebook computers. During the year ended December 31, 2011, Corning introduced Corning Gorilla Glass 2, the next generation in its Corning Gorilla Glass suite of products. In May 2014, Mitsui Chemicals Inc announced the acquisition of Corning Inc’s SunSensors operations.



Signal (1 month): 57.26

Predictability (3 months): 0.15

Return: 6.67%

Precision Castparts Corp. (PCC) is a manufacturer of metal components and products, provides investment castings, forgings and fasteners/fastener systems for critical aerospace and industrial gas turbine (IGT) applications. It also provides aero-structures for the aerospace industry; investment castings and forgings for general industrial, armament, medical and other applications; nickel alloys in all standard mill forms from ingots and billets to plate, sheet, strip, tubing, bar and wire, as well as cobalt alloys, for the aerospace, chemical processing, oil and gas, pollution control and other industries; seamless pipe for coal-fired, industrial gas turbine, and nuclear power plants, as well as oil and gas applications; revert management solutions among others. In January 2014, Precision Castparts Corp acquired SOS Metals Inc, a provider of metal recycling services. In January 2014, the Company acquired Trans World Alloys Inc.


Signal (1 month): 51.13

Predictability (1 month): 0.43

Return: 5.87%

WABCO Holdings Inc. (WABCO) is a provider of electronic, mechanical and mechatronic products for the commercial truck, trailer, bus and passenger car manufacturers. The Company manufactures and sells control systems, including advanced braking, stability, suspension, transmission control and air compressing and processing systems. Its products are included in approximately two out of three commercial vehicles with advanced vehicle control systems and offered in niche applications in cars and sport utility vehicles (SUVs). WABCO develops, manufactures and sells advanced braking, stability, suspension and transmission control systems primarily for commercial vehicles. In September 2012, it acquired Ephicas. In June 2014, the Company acquired the remaining 3.16% interest and concludes 100% in Transics International.






Signal (1 month): 47.04

Predictability (1 month): 0.29

Return: 15.30%

WisdomTree Investments, Inc. (WETF) is an asset management company that focuses on exchange-traded funds (ETFs).  The company’s family of ETFs includes both fundamentally weighted funds that track its own indexes, as well as actively managed funds.  The company’s strength can be seen in multiple areas, such as its robust revenue growth, significant return on equity, and expanding profit margins.  WisdomTree’s revenue growth of 46.3% greatly exceeded the industry average of 5.1%, translating into higher earnings per share for the company.


Signal (1 month): 47.04

Predictability (1 month): 0.15

Growth: 6.81%

SanDisk Corporation designs, develops and manufactures data storage solutions in a range of form factors using its flash memory, controller and firmware technologies. The Company’s solutions include removable cards, embedded products, universal serial bus (USB), drives, digital media players, wafers and components. Its removable cards are used in a range of consumer electronics devices, such as mobile phones, digital cameras, gaming devices and laptop computers. Its embedded flash products are used in mobile phones, tablets, ultrabooks, eReaders, global positioning system (GPS), devices, gaming systems, imaging devices and computing platforms. For computing platforms, it provides storage solutions known as solid-state drives (SSDs) that can be used in lieu of hard disk drives. In July 2014, the Company acquired Fusion-io, developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters.

Signal (1 month): 47.04

Predictability (1 month): 0.18

Growth: 14.07%

MGIC Investment Corporation (MTG) had the third strongest signal in the I Know First Top 10 Stocks and S&P 500 forecast. MTG had a signal of 89.58 and a predictability of 0.24. MTG’s share price grew 12.33% over the time horizon in accordance with the algorithmic forecast. Several fundamental reasons as to why MTG was included in this Top 10 forecast include that the company made substantial progress in 2013 by significantly improving the capital position of the company. New insurance written increased 24%, new delinquent notices declined 20%, the delinquent inventory declined 26%, and paid claims fell 28%. Over the last twelve months, the stock has gained 228.94% and faced a worst price of $2.36.



Signal (1 month): 46.01

Predictability (1 month): 0.17

Growth: 12.48%

Allegheny Technologies Incorporated (ATI) is a diversified specialty metals producer. The Company’s products include titanium and titanium alloys, nickel-based alloys and superalloys, zirconium, hafnium and niobium, advanced powder alloys, stainless and specialty steel alloys, grain-oriented electrical steel, tungsten-based materials and cutting tools, carbon alloy impression die forgings, and grey and ductile iron castings. Its specialty metals are produced in a range of alloys and product forms. It operates in three segments: High Performance Metals segment, Flat-Rolled Products segment and Engineered Products segment. In February 2014, the Company acquired Dynamic Flowform Corp. In June 2014, it acquired Hanard Machine, Inc. The new business will operate as ATI Cast Products, Salem Operations, and be a part of ATI’s titanium investment casting business.


Signal (1 month): 38.86

Predictability (1 month): 0.17

Growth: 9.19%

Microchip Technology Incorporated develops and manufactures specialized semiconductor products used by its customers for a variety of embedded control applications. The Company’s portfolio consists of specialized 8-bit, 16-bit, and 32-bit PIC microcontrollers and 16-bit dsPIC digital signal controllers, which feature on-board Flash (reprogrammable) memory technology. In addition, the Company offers a broad spectrum of high-performance linear, mixed-signal, power management, thermal management, RF, safety and security, and interface devices, as well as serial EEPROMs, Serial Flash memories and Parallel Flash memories. The Company also licenses Flash-IP solutions that are incorporated in a broad range of products. In November 2013, Microchip Technology Inc announced the acquisition of EqcoLogic. In April 2014, Microchip Technology Inc acquired Supertex Inc.